Whales Awaken: SHIB and They Are Raiding These 5 Altcoins!

A huge ETH whale "Tolkien" snatched another 51 billion SHIB, while memecoin was considered the most used contract of the day.
 Whales Awaken: SHIB and They Are Raiding These 5 Altcoins!
READING NOW Whales Awaken: SHIB and They Are Raiding These 5 Altcoins!

Shiba Inu continues to be actively bought by the largest ETH whales, while it remains the largest altcoin in whales’ wallets. The Shiba Inu smart contract was considered the most used contract in the last 24 hours, while “Tolkien”, a large ETH whale, snatched another 51 billion SHIB.

“Bombur” bought 51 billion SHIB

WhaleStats, a platform that studies the movements of crypto whales, recently announced that the Ethereum whale “Bombur”, which is ranked 19 on the WhaleStats wallet scale, has a total of 50,992,035,458 He shared that he bought a Shib Inu and paid $1,269,191 for it. This amount marks the second purchase of memecoins by this ETH whale since April 10, when it received around 50 billion SHIB tokens.

The whale named Bombur is actively buying Shiba Inu along with another Ethereum whale named “BlueWhale0073”. The ETH investor in question bought another 50,296,290,794 SHIB, which equates to $1,269,981. Overall, since April 10, three investors on the Ethereum chain, “Bombur”, “BlueWhale0073” and the #1 whale “Light”, have captured 1.71 trillion Shiba Inu. “Light” has purchased 331.8 billion dog tokens valued at over $7.5 billion. The purchase was made in two parts.

https://twitter.com/WhaleStats/status/1517022174367911937

Shiba Inu becomes most used smart contract

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WhaleStats, whose data we closely monitor as Kriptokoin.com, also reported that in the last 24 hours, the Shiba Inu smart contract has been used by the 100 largest ETH whales, much more than any other Ethereum-based cryptocurrencies. This fact proves that whales have been actively buying Shiba Inu (SHIB) lately and the second largest memecoin in the market is the largest part of the portfolio formed.

The top 100 wallets currently contain just over $1.3 billion Shiba Inu. This accounts for 53.4 trillion tokens, or 14.79 percent of ETH-based token portfolios. The second largest holding of whales remains FTX tokens, which is 13.3 percent of their total crypto holdings worth $1.2 billion. However, in the top 10 list of the most actively purchased cryptocurrencies at the moment, SHIB is ranked 9th.

https://twitter.com/WhaleStats/status/1517069114883416066

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